This is the kind of rental investors hope to find. 788 London Rd is fully updated, Lead Safe certified, and already earning $1,600/month with a CMHA tenant in place ($1,060 paid by CMHA, $540 tenant portion) on a lease running through February 2027. That's reliable, consistent income from the day you close, with the heavy lifting already done. The 1927 colonial offers 3 bedrooms and 2 full baths across 1,488 sq ft, with both bathrooms and the kitchen recently updated. The big-ticket items are covered too: 30-year architectural shingle roof, vinyl siding, vinyl windows, updated furnace, AC, 2023 water heater, and updated electrical panel. The basement features glass block windows and washer/dryer hookups. Solid bones, modern systems, and a tenant who's already settled in. Homes like this don't come along often, so schedule your showing today!
Single-familyProperty Type
1927Year Built
3,759 sq ftLot Size
$81Price/Sq.Ft.
1 spaceParking
Listed by Oliver Moreau• Progressive Urban Real Estate Co
Collinwood-Nottingham, located between Euclid and Glenville, is a lakeside and residential Cleveland neighborhood with a rail-and-industry legacy and a long shoreline edge. The neighborhood’s character concentrates around the Waterloo Arts District near Waterloo Rd and E 156th St, where galleries, small music rooms, and maker-style storefronts line the blocks. Pillar venues include Beachland Ballroom & Tavern, Waterloo Arts, and the Slovenian National Home. Housing stock mixes early-20th-century frame houses and brick doubles with compact commercial strips. Lake Erie parks and marinas shape daily rhythms, while freight lines and wide arterials give the streets a working-city scale.
Provided by Walk Score and Local Logic
Offer insights
788 London Rd · $119,900
$124K and above
75% chance or better to win
Why $124K+ is a strong offer
DAYS ON MARKET
10 days
The average home goes pending in 25 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Living
Interior features
Full, unfinished basement
Bedrooms
1 main-level bedroom
Bathrooms
2 full bathrooms, including 1 on the main level
Home design
2 stories
Northeast-facing
Parking
Driveway
Construction
Asphalt and fiberglass roof
Vinyl siding
Utilities
Public sewer
Public water
Electricity and solar
View estimated energy costs and solar savings for this home
Possible In Law Suite, Or 2 Family. 2-full Kitchens & Baths Full Basements, Or Great For Large Family. Full Basement, Appliances & Window Treatments, Toilet In Basement Newer Vinyl Siding. Cement Patio. Easy To Show
MLSNOW #2311812
Jan 2, 2007
Listing Removed
—
Aug 2, 2006
Listed
$66,900
$45/sq ft
Public Records
Oct 3, 2001
Sold
$59,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,403
$3,220 + $18,170
$21,390
2024
$1,402 (+26.0%)
$3,220 + $18,170
$21,390
2023
$1,113 (+0.6%)
$3,540 + $11,130
$14,670
2022
$1,106 (+1.0%)
$3,540 + $11,130
$14,670
2021
$1,095 (−1.6%)
$3,540 + $11,130
$14,670
2020
$1,113 (+8.1%)
$3,120 + $9,770
$12,890
2019
$1,029 (+0.3%)
$3,120 + $9,770
$12,890
2018
$1,026 (−9.1%)
$3,120 + $9,770
$12,890
2017
$1,129 (+0.8%)
$4,450 + $9,240
$13,690
2016
$1,120
$4,450 + $9,240
$13,690
2015
$1,119 (−15.0%)
$4,450 + $9,240
$13,690
2014
$1,316
$5,110 + $10,610
$15,720
Public record
Public record
Permits
Beds
3
Baths
2
Stories
2
Lot width
40 ft.
Lot depth
94 ft.
Lot size
3,759 Sq. Ft.
Year renovated
1962
Finished Sq. Ft.
1,488
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,488
Year built
1927
Style
Single Family Residential
County
Cuyahoga County
APN
11526172
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
Jun 14, 2023 • Active
Res building
Perform interior and exterior alterations to repair and replace all affected areas. No structural changes are included. Remove all construction debris from the site.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44110
Average low and high temperatures (°F)
30
19
36
23
53
35
61
44
65
52
78
64
82
70
78
64
75
58
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in Cleveland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 788 London Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $85,000 and $125,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $85K to $125K.